Domestication—known as conversion in Florida—is the process of moving an LLC from any other state to Florida. Here’s what you need to know:
What is LLC domestication in Florida?
While many states use the term “domestication” when an out-of-state entity relocates to that state, Florida uses the term “conversion.” “Domestication” is used in Florida for the process of a non-US entity relocating to Florida.
What is LLC conversion in Florida?
LLC conversion in Florida is the process of moving an out-of-state LLC to Florida, making Florida its new state of formation.
Can I move my LLC to FL without filing for conversion?
Technically, yes. Just because domestication is an option doesn’t mean you have to use it. Other options include:
- Registering your business as a foreign LLC in Florida
- Dissolving your business then registering a new Florida LLC
- Filing a Certificate of Merger for Florida LLC
However, it’s often easier and more cost-effective to file conversion forms.
How do I file conversion forms for a Florida LLC?
To convert your out-of-state company to a Florida LLC, you will need to take these steps:
- Write a plan of conversion: This is an official document that formally approves the conversion process on behalf of your LLC. In fact, your members should all vote to approve conversion.
- File FL Articles of Conversion: This is a state-issued form.
- File FL Articles of Organization: You’ll have to include articles of organization for your new FL LLC when you file your articles of conversion.
- Pay Filing Fees: It costs $150 to convert your company to a Florida LLC, $25 for articles of conversion and $125 for articles of organization.